API3 token jumps 33% on Upbit amid surging volume and extreme greed sentiment

API3 surged over 33% on Korea's Upbit exchange with trading volume hitting 114.7 million tokens and a traded value of about 100.1 billion won, signaling strong buying interest. The token's price rose from around 536 won to a high of 740 won before settling near 714 won, indicating sustained demand rather than a brief spike. Sentiment on Upbit showed extreme greed with a score of 99, suggesting the rally may be driven by momentum traders and could face volatility or profit-taking soon. The key question is whether fresh liquidity will continue to support the rally or if a pullback will occur as traders reassess positions.